00:00
Money for You
Money for You
USD/RUB
EUR/RUB
Market Quotes

House of Rose Reports Widening Nine-Month Loss as Revenue Dips

Tokyo-based cosmetics retailer House of Rose Co. Ltd. saw its net loss widen to ¥47 million for the nine months ending December 31, as a slight decline in revenue and a sharp drop in operating income weighed on its fiscal performance.

The company reported revenue of ¥8.68 billion, a marginal decrease from the ¥8.74 billion recorded during the same period the previous year. Operating profit faced a more significant contraction, tumbling to ¥6.0 million from ¥25.0 million, reflecting tightening margins in the competitive Japanese personal care market. Pretax profits followed a similar downward trajectory, falling to ¥12.0 million from ¥31.0 million.

According to the financial statement, the parent-level net loss deepened to ¥47.0 million, compared to a ¥42.0 million loss a year earlier. This resulted in a loss per share of ¥10.05, an increase from the ¥9.06 loss reported in the prior period. These results, prepared under Japanese accounting standards, highlight the ongoing pressure on the company's bottom line despite relatively stable top-line figures.

Dividend Forecast and Shareholder Returns

Despite the bottom-line pressure, House of Rose plans to maintain its current shareholder return policy. The company confirmed an annual dividend forecast of ¥25.00 per share, consistent with the previous year’s total payout. This distribution is structured as follows:

    • A midyear dividend of ¥12.50 already issued.
    • A projected year-end dividend of ¥12.50.
    • A total annual payout maintained at ¥25.00 per share.
The company has not reported any dividends for the first or third quarters, focusing instead on its semi-annual distribution schedule as it navigates the remainder of the fiscal year ending March 2025.
Share

Comments (0)

Leave a comment

No comments yet. Be the first!